UK Parliament initiates inquiry into crypto and digital assets sector
A cross party group in the UK Parliament has begun an inquiry into the UK’s cryptocurrency and digital assets sector.
Robinhood crypto division slapped with $30m penalty
Robinhood Crypto has been given a $30m penalty by the New York Department of Financial Services for violations of cyber and money laundering regulations.
CBDCs could be the ‘holy grail’ of cross-border payments, claims ECB
A new paper by the European Central Bank (ECB) has said CBDCs could be the answer to a ‘thousand-year search for the holy grail of cross-border payments’.
EBA warns drain of talent will impact regulation of crypto
A chair of the European Banking Authority (EBA) has said European regulators are facing challenges in finding talent to help regulate the cryptocurrency industry.
ZEDEDA bags Series B
ZEDEDA, which provides a scalable cloud-based orchestration solution that delivers visibility, control and security for distributed edge computing, has raised $26m in Series B funding.
Tax compliance software Fonoa closes Series B
Fonoa, which helps automate tax processes, has closed its Series B funding round as it looks to expand its global tax solutions.
Is the crypto crash a failure of regulation?
The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now experiencing a bust. Was a failure to regulation to blame?
Crypto firm Meow bags $22m in Series A
Meow, a compliant crypto yield offering for corporate treasuries, has scored $22m in a Series A funding round.
Will CBDCs deliver major social change?
A recent study by Ripple has found that over 70% of respondents across five global regions believe central bank digital currencies (CBDCs) could deliver major social change in the next five years.
BlockSec scores $8m from seed funding raise
BlockSec, a blockchain security startup, has bagged $8m in a seed funding round co-led by Vitalbridge Capital and Matrix Partners.
